Brevan Howard Capital Management LP Cuts Stock Position in eBay Inc. $EBAY

Brevan Howard Capital Management LP lessened its stake in eBay Inc. (NASDAQ:EBAY) by 76.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,888 shares of the e-commerce company’s stock after selling 112,128 shares during the quarter. Brevan Howard Capital Management LP’s holdings in eBay were worth $3,173,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in shares of eBay in the third quarter worth approximately $770,000. Allianz Asset Management GmbH raised its stake in eBay by 10.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,459,405 shares of the e-commerce company’s stock valued at $223,683,000 after purchasing an additional 242,168 shares during the last quarter. Independent Advisor Alliance lifted its holdings in eBay by 407.8% in the 3rd quarter. Independent Advisor Alliance now owns 26,469 shares of the e-commerce company’s stock valued at $2,407,000 after purchasing an additional 21,257 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in eBay by 30.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 181,787 shares of the e-commerce company’s stock worth $16,534,000 after purchasing an additional 42,048 shares during the last quarter. Finally, Northstar Advisory Group LLC boosted its stake in eBay by 31.6% during the 3rd quarter. Northstar Advisory Group LLC now owns 59,129 shares of the e-commerce company’s stock worth $5,378,000 after purchasing an additional 14,204 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 4,462 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the transaction, the senior vice president directly owned 91,921 shares in the company, valued at $7,715,848.74. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,009 shares of eBay stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $79.87, for a total value of $80,588.83. Following the completion of the sale, the senior vice president directly owned 5,743 shares of the company’s stock, valued at $458,693.41. The trade was a 14.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,697 shares of company stock valued at $3,760,124 over the last quarter. 0.64% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $119.00 target price on shares of eBay in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research note on Monday, December 29th. BNP Paribas Exane increased their price objective on shares of eBay from $90.00 to $97.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Robert W. Baird raised their target price on shares of eBay from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, February 19th. Finally, Evercore boosted their target price on eBay from $93.00 to $94.00 in a report on Thursday, February 19th. Fourteen analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $97.97.

eBay Stock Up 0.1%

Shares of NASDAQ:EBAY opened at $91.41 on Tuesday. The business has a 50-day moving average price of $89.76 and a 200 day moving average price of $88.44. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $40.95 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.91 and a beta of 1.38.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.06. eBay had a net margin of 18.30% and a return on equity of 43.04%. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the firm posted $1.25 earnings per share. eBay’s revenue was up 15.0% compared to the same quarter last year. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. Sell-side analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a $0.31 dividend. This is a boost from eBay’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, March 6th. This represents a $1.24 annualized dividend and a yield of 1.4%. eBay’s payout ratio is 28.51%.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.